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New Mexico

Qualified Intermediaries

New Mexico 1031 Exchanges

New Mexico State Tax Information

The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent). The Combined Rate does not account for New Mexico permitting of a 50% State deduction of Federally taxable capital gains.

New Mexico levies state taxes at rates ranging from 1.70% to 4.90%, assessed over progressive income brackets.

State Rate


Local Rate


Combined Rate



50% deduction

1031 Exchange Providers in New Mexico

Sunwest 1031, LLC

Albuquerque, NM

Sunwest 1031, LLC, based in New Mexico, operates as a sister company to Sunwest Escrow, which was established in 1987 under the original name First Financial Escrow. Sunwest Escrow has grown to become a highly trusted escrow company among title companies and real estate brokers in New Mexico. Sunwest 1031 was created as an extension of the services provided by Sunwest Escrow to further meet client needs. The company invites potential clients to set up an appointment or call to initiate services. However, it is not a member of the Federation of Exchange Accommodators. Resources

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